AlBabtain Food, Saudi Steel Pipe Ex-Dividend for 2025 Today

Shares of Abdulaziz and Mansour Ibrahim Al Babtain Co. (AlBabtain Food) and Saudi Steel Pipe Co. trade ex-dividend today for the 2025 fiscal year.

AlBabtain Food's stock is quoted without entitlement to a cash dividend of 1.50 riyals per share. Saudi Steel Pipe trades without the right to its 0.40 riyal per share payout. Both companies approved the distributions in earlier shareholder meetings.

The ex-dividend date is the cutoff for investors on the record as of the close Monday. Anyone buying the shares today will not receive the dividend.

A separate adjustment applies to Nomu-listed stock, which goes ex-bonus today as part of a capital increase structure. Shareholders who held the stock before Monday's open are entitled to bonus shares. The company did not set a cash payout alongside the bonus.

For income-focused portfolios, the ex-dividend event mechanically lowers the stock price by roughly the dividend amount on the opening print. Saudi Steel Pipe's yield remains modest relative to sector peers. AlBabtain Food's payout is in line with its historical distribution pattern.

Traders should note that price action around ex-dividend dates often reflects the mechanical adjustment rather than underlying sentiment. The real test comes in the sessions after the gap.